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Russian oil export revenue down more than 3%

August 06, 2014, 12:45 UTC+3 MOSCOW
Oil was mainly exported to the far abroad countries - $76.298 billion, 2.9% lower than a year before
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© ITAR-TASS/Stanislav Krasilnikov

MOSCOW, August 06. /ITAR-TASS/. Russian oil export dropped 3.5% over first six months of 2014 year-on-year to $81.068 billion, the Russian Federal Customs Service said on Wednesday.

Export in physical terms contracted 5.2% to 109.75 million tonnes against 115.75 million tonnes a year earlier.

Oil was mainly exported to the far abroad countries - $76.298 billion, 2.9% lower than a year before. Revenue from supplies to the CIS dipped 12.1% to $4.768 billion.

At the same time gas export revenue of Russian monopoly Gazprom increased 4.5% year-on-year to $33.508 billionover the first half-year of 2014, said the Russian Federal Customs Service.

In the reporting period, Gazprom boosted gas export 7% to 99.4 billion cubic metres.

Natural gas export to the far and near abroad increased 3.4% to 69 billion cubic metres and 16% to 30.4 billion cubic metres respectivel

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